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is the right word. given that the obama administration would happily raise taxes without cutting medicare but republicans will only raise taxes if we cut medicare. obama won't negotiate on his own and republicans are now scared to negotiate with him. joining me now is jared bernstein from budget and policy priority. great blogger. former chief economist for vice president joe biden. good to see you. thank you for being here on a friday. >> can't think after better way to start my weekend than talking fiscal cliff to you. >> means a lot to me. >> i know. >> the daily beast said obama just got re-elected. it is a classic time for magnonimity. which i think i just mispronounced. do you think obama has a hard line at the wrong time? >>. if sullivan means that obama should negotiate with himself, which you point out, hasn't worked for him before, and b, isn't the way it move forward once you won an election with the what you are arguing over, i disagree. the right way to negotiate is not to come out and say, here is what we want republicans. here is what we want. here is your opening bid as yo
raise tax revenue by not extending the current obama cut in payroll taxes. but the republican plan still refuses to raise the top income tax rates. yesterday, treasury secretary tim geithner made it clear that there can be no deal without higher top tax rates. >> last question, can you promise that we will not go over the cliff? >> no, i can't promise that. that's a decision that lies in the hands of the republicans that are now opposing increases in tax rates. if they recognize the reality that we can't afford to extend those tax rates, then we have a basis for the agreement and that's going to be the responsible thing to do and my judgment is they are going to do it. >> joining me now, ezra klein, huffington post, ryan grim. ezra, what do you make of the boehner proposal that was kind of cribbed from erskine bowles? >> two things. one, republicans are terrified about by the polls showing that they are going to immediately get blamed if they are not willing to compromise. the reason you initiate the bowles' plan is you say, look, they are going along with the former chief of staff said.
, and i want to hear -- listen to president obama today talking about smflt other things, the spending cuts that are involved and what they're dealing with here. >> i think there's a recognition that maybe they can accept some rate increases as long as it's combined with serious entitlement reform and additional spending cuts. if we can get the leadership on the republican side to take that framework, to acknowledge that reality, then the numbers actually aren't that far apart. another way of putting this is, we can probably solve this in about a week. it's not that tough. >> chris, there's the president saying he's ready to do serious entitlement reform and additional spending cuts, and no one seems to be noticing that. >> yeah. you know, i just talked about that. >> entitlement reform is medicare, medicaid and social security. >> that phrase, you would agree, right, the word "entitlement" has bizarre see mantic resonance to it. like you're whiningรง and entitled, social insurance. >> it was an honorable entitlement, but meaning i paid into social security for 30 years. i am entitled
cuts that they've been pushing for so long. >> well, it's a ridiculous idea to go from 65 to 67. first of all, you don't save that much money. second of all, the obama health care bill is very weak on taking care of seniors, because they can charge three times as much for seniors as they can for younger people. so that just gives seniors two more years to pay three times as much as younger people if they have to go to private insurance. third, medicare is the only universal program we have, and it's got the lowest administrative costs of any program we have in health care. so this is a really foolish idea. and i hope it disappears. i am not against doing some cost control on medicare. but you don't have to cut entitlements. what you do have to do is pay by the patient, not by the procedure. as we know, there are so many people when they get to 59, 61, 62, who are just desperately waiting for that medicare eligibility moment, because costs have gotten completely out of control, and i have known plenty of people who go insuranceless for a couple of years, hoping nothing happens. >> i kno
Search Results 0 to 7 of about 8 (some duplicates have been removed)